ACC - Fundamentals of auditing and business
ACC311ACC501
ACF - (Accounting And Finance Related)
ACF619ACFI619
COM - (Commerce Related)
COM619COMI619
ECO - (Economics Related)
ECO401 ECO402 ECO403 ECO404
ENG - (English Related)
ENG001 ENG101 ENG201 ENG301 ENG401
ETH201 - Ethics (for Non-Muslims)
ETH201
ISL201 - Islamic Studies
ISL201
IT - (Info Tech Related
IT000IT0001IT430IT619ITI619
MIS - (Project And Internship Report)
MIS619 MISI619MIS620 MISI620
PAD - (Public Administration Related)
PAD619 PADI619
PAK301 - Pakistan Studies
PAK301PAK302
PHY - (Physics Related)
PHY101 PHY301
PSC201 - International Relations
PSC201PSC401
SOC - (Socialogy Related)
SOC101 SOC401
STA - (Statistics and Research)
STA301 STA630
URDU - (Urdu Related)
URD101
VUPROJECTS
AIOU PROJECTS
VUDESK TUBE
VUDESK APP
IT INTERNSHIPS FB Page
FB Group
DESK MEMBERS

APPLY NOW  | SIT (STEP IN SECURITY) | Ghrapical Password | Smart ETL Tool | SMS BLOCKER

Business and Labor Law (MGT611)

Assignment No.1

Due Date:  10 May 2017  

Topic to be tested:  

Essentials of a valid contract

Learning objective: 

 


Total Marks: 10

  • To extract certain examples/situations from your observation or reading that fits best in

the given essentials of a valid contract as per Contract Act 1872.

 

Task

The essentials of a valid contract are mentioned below:

  1.  Offer and acceptance
  2.  Legal relationship

 

  1.  Legal consideration
  2.  Competent parties
  3.  Free consent of the parties
  4.  Lawful Object
  5.  Terms of agreement to be complete and certain
  6.  Possibility of performance

 

  1.  Contract to be got registered & in writing, wherever required
  2.  Contract not declared void under the Act.

You are required to describe an example related to each essential of the contract. The example should be from daily life out of your observation or general knowledge or from any other source (other than the video lectures  and PPTs  of this course).  Each example should be described in such a way that the meaning of essential is understood even if it is presented to a layman.  

Note that you need to describe ten examples, one for each essential. 

Views: 93

Replies to This Discussion

Advertise Here

COntract ACT 1872

Download Documents

RSS

Latest Activity


BS(CS)
Attitude left a comment for Mariam
Sep 17

Sponsers

VUDESK GROUPS

 

Top Content Today

© 2017   Created by ʭIsmail Shahʭ.   Powered by

Badges  |  Report an Issue  |  Terms of Service